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OpenAI's Head of Data Centers Has Left the Company(wsj.com)
44 points by root-parent a day ago | 16 comments
misswaterfairy 17 hours ago | parent | next [-]

With a number of high-level departures in recent months from OpenAI, one wonders just how much money they have left. And how close they might be to collapsing...

For a company that wants to have a massive IPO that would be worth multi-billions, if not trillions, is this the cue to leave the party before the music stops?

floro 2 hours ago | parent [-]

The bubble will burst someday. But I would be careful with predicting when. I have a bunch of extra cash ready to invest in the S&P500 when it finally pops

evanwolf 21 hours ago | parent | prev | next [-]

Four years to vest anywhere, what's the math to leave so early?

SnorkelTan 20 hours ago | parent [-]

The vested shares are unlikely to be worth anything, so they are essentially just working for a salary.

twalla 18 hours ago | parent | next [-]

There's a fairly liquid secondary market for OpenAI stock - see: Forge, Hiive, EquityZen

dgellow 18 hours ago | parent [-]

Doesn’t a sale require approval by OpenAI?

browningstreet 20 hours ago | parent | prev [-]

Outrageously untrue. So untrue there's a name for it.

bayarearefugee 20 hours ago | parent [-]

Perhaps everything is fine and this person and the bunch of other recent high profile OpenAI departures just really hate money.

browningstreet 19 hours ago | parent [-]

There’s a gulf of possibility between. I’m just disputing the idea they’re working only for paychecks because there are no secondary options for their vested stock.

Maledictus 21 hours ago | parent | prev | next [-]

https://archive.is/LSSto

ergocoder 21 hours ago | parent | prev | next [-]

OpenAI-Anthropic is similar to Twitter-Facebook.

Twitter was full of dramas at the exec and founder level, and that impacted their execution.

Facebook had strong leadership, was very focused, and executed well.

malfist 20 hours ago | parent [-]

Executed so well we all take meetings in VR

ergocoder 20 hours ago | parent [-]

That's true. By any standard, Facebook is very much a failure.

dochaus 20 hours ago | parent [-]

I saw sean parker closed a whole street in nyc today to have a crane move a giant painting into his brownstone

ergocoder 14 hours ago | parent [-]

What a failure. Only be able to afford a giant painting. A truly successful person should've been able to afford a football-stadium-sized painting.

QuantumNoodle 16 hours ago | parent | prev [-]

One year tenure. Yikes.